Trading Risks & Risk Controls
Risk controls are intended to identify and limit certain trading risks. They do not eliminate risk, provide insurance or capital protection, or guarantee stop-loss execution. The descriptions below apply where the relevant features are enabled; coverage is not identical across all accounts, orders or market conditions.
1. Leverage, liquidation and third-party risks
Sharp price moves, insufficient margin, illiquidity, auto-deleveraging and liquidation may cause substantial or total loss. Cross-margin or shared-margin arrangements may expose other funds and positions in the same account. Exchanges, blockchains, bridges, oracles, stablecoins and wallet services may suffer outages, attacks, depegging, withdrawal delays or access restrictions. Keeping funds in a trading account does not make them safe or establish deposit-insurance coverage.
2. Copying trades does not replicate returns
Public records of a followed wallet may be incomplete and may not show other accounts, hedges, funding sources or the full strategy. Differences in timing, balances, leverage, fees and execution conditions can lead to missed orders, partial fills, mismatched positions or opposite profit and loss outcomes. Wallet controllers can change strategy at any time and may not know about or consent to being followed.
3. Slippage checks and execution limits
The system estimates slippage from available market and order-book data and checks applicable opening orders. Effective thresholds may change with volatility, latency and system rules; they may differ from your input and are not a guarantee of execution price. Market changes, missing data, delays or exchange rejection can cause non-execution or partial fills. Certain closing paths are exempt from opening-side slippage checks.
4. Margin limits are not loss limits
Applicable per-order and aggregate copy limits are estimated on a margin basis. The system may reduce opening size or reject orders, and may tighten limits during high volatility. Estimates depend on account snapshots, prices and leverage. They do not guarantee that actual margin, total exposure or final losses stay within the settings; trading fees, funding and other positions also affect account equity.
5. Pauses, circuit breakers and closing exceptions
Conditions such as repeated failures may block new openings. Daily-loss and per-relationship loss controls apply only when enabled. Some closing instructions are exempt from opening-side frequency, latency or size limits, but can still fail because of authorization, exchange or system issues. Pausing copying or triggering a circuit breaker does not mean all orders are cancelled, existing positions are closed or funding stops. Check your exchange account and manage remaining exposure.
6. Ongoing monitoring and independent judgment
Automation does not replace ongoing attention to your account, permissions, orders and positions. Passing a risk check, receiving a risk score or being labelled “smart money” is not a safety certification, investment recommendation or assessment of suitability for you. Do not enable copying if you do not understand the product, costs or potential losses; consult an independent qualified professional.